---
title: Butterfly Ventures  - Startup Match Score & Focus Areas
description: Is Butterfly Ventures the right VC for you? See how their thesis aligns with your startup and discover more active investors focusing on deep tech and hardware.
---

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# Butterfly Ventures Overview

 Founded in 2012, Butterfly Ventures is a prominent seed-stage venture capital firm based in Oulu, Finland, with additional offices in Helsinki, Stockholm, Tallinn, and Copenhagen. The firm specializes in early-stage investments in deep tech, hardware, and hardware-interfacing software startups across the Nordic and Baltic regions. Known for its cooperative approach, Butterfly Ventures works closely with founders, providing comprehensive support from all partners. The firm manages approximately €77 million across its funds and has invested in over 100 companies through more than 200 funding rounds. Its portfolio companies have raised approximately €180 million in follow-on financing and generated over €500 million in revenue. Butterfly Ventures is committed to societal impact, being recognized as the first 100% carbon-neutral VC fund in Europe by Forbes.

 Is Butterfly Ventures the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Butterfly Ventures , along with a list of other relevant VCs, is available on Hopohopo.io.

## Butterfly Ventures

 VC Fund

![Butterfly Ventures  logo](https://www.hopohopo.io/hubfs/ecosystem-logos-from-platform/456-68a43d9c0721dc4d281391b8c17a6445.jpeg)

## Investment focus

### Revenue needed

- €0 - €1,000,000

### Invest in

- Baltics
- Nordics

### Product type

- Hardware
- Software-enabled hardware
- Other

### Industries / verticals

- Consumer Electronics & Smart Home (non-wearable)
- Energy
- Engineering / Manufacturing
- Gaming
- Industrial Automation

Investment role

 Lead and follow

Stages

 Seed

First ticket size

 €50,000 - €500,000

## Contact information

Associate

Henri Ailinpieti

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Managing Partner

Matti Kanninen

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Early Stage Tech Investor

Anette Nordvall

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Co-founder, Partner

Juho Risku

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

## How to approach funds like Butterfly Ventures

 When reaching out to Butterfly Ventures, founders should highlight their team's technical depth and the defensibility of their technology, especially if their solution bridges hardware and software. Demonstrating early traction, a clear path to scalable impact, and a strong fit with the Nordic/Baltic innovation ecosystem will resonate. Butterfly values founders who are open to hands-on collaboration and can articulate how their solution addresses real-world problems with measurable outcomes.

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